Overview Holdings Performance Dividends Similar Etfs Correlations

32 Stocks and 68 ETFs for diversifying PEY (INVESCO HIGH YIELD EQUITY DIVIDEND ACHIEVERS ETF)

The least correlated asset to PEY (INVESCO HIGH YIELD EQUITY DIVIDEND ACHIEVERS ETF) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.8547.

Stocks that lowly correlated with PEY

Symbol	Name	Market cap	Sector	Industry	Correlation
APUS	Apimeds Pharmaceuticals US Inc	$8.51M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.61
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.60
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.57
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.55
MAMK	MaxsMaking Inc - Class A	$195M	Industrials	Conglomerates	-0.54
HBNB	Hotel101 Global Holdings Corp	$1.31B	Real Estate	Real Estate Services	-0.54
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.53
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.53
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.53
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.50
PROP	Prairie Operating Co. Common Stock	$60M	Energy	Oil & Gas E&p	-0.50
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.49
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.49
NVSAU	New Vista Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$350M	N/A	N/A	-0.47
ORIQU	Origin Investment Corp I - Units (1 Ord Cls & 1/2 War)	$22M	Financial Services	Shell Companies	-0.45
HMCO	HumanCo Acquisition Corp - Class A	$387M	N/A	N/A	-0.44
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.43
CCV	Churchill Capital Corp V - Class A	$284M	N/A	N/A	-0.43
MTAC	MedTech Acquisition Corp - Class A	$183M	N/A	N/A	-0.43
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.43
DAIC	CID HoldCo Inc	$40M	Technology	Information Technology Services	-0.43
NAACU	North Atlantic Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$482M	N/A	N/A	-0.42
HPLTU	Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$79M	N/A	N/A	-0.42
NTWOU	Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$184M	Financial Services	Shell Companies	-0.42
DLCAU	Deep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$262M	N/A	N/A	-0.42
IBIO	iBio Inc	$58M	Healthcare	Biotechnology	-0.41
SVFAU	SVF Investment Corp - Units (1 Ord Share Class A & 1/5 War)	$766M	N/A	N/A	-0.41
CHACU	Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$72M	Financial Services	Shell Companies	-0.41
DFDV	DeFi Development Corp	$91M	Financial Services	Asset Management	-0.41
NMPAU	NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.40
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.39
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.39

ETFs that lowly correlated with PEY

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.85
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.85
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.84
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.84
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.84
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.83
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.82
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.82
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.81
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.80
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.80
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.79
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.78
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.78
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.78
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.77
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.76
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.75
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.74
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.74
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.73
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.73
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.73
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.73
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.73
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.71
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.71
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.71
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.70
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.70
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.69
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.69
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.66
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.66
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.65
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.63
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.62
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.62
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.60
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.59
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.59
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.58
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.58
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.57
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.56
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.56
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.56
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.56
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.56
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.56
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.55
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.54
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.51
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.49
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.47
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.47
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.47
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.46
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.44
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.43
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.20M	N/A	Jun 16, 2009	-0.43
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.42
CXRN	TEUCRIUM 2X DAILY CORN ETF	$4M	N/A	Dec 12, 2024	-0.42
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.42
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.42
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.41
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.40
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.39